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On distributive effects of optimal regulation for power grid expansion
Herrera, Luis Ángel; Rosellón, Juan - 2013
To date, the distributive implications of incentive regulation on electricity transmission networks have not been … efficiency under price-cap regulation have not yet been identified. To discern these parameters is the motivation for the … price-cap incentive regulation for electricity transmission. We find that a regulator's use of ideal (Laspeyres) weights …
Persistent link: https://www.econbiz.de/10010323917
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A dynamic incentive mechanism for transmission expansion in electricity networks: Theory, modeling, and application
Rosellón, Juan; Weigt, Hannes - 2010
terms of financial transmission rights. Our mechanism applies the incentive-regulation logic of rebalancing a two …
Persistent link: https://www.econbiz.de/10010285525
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Long-run cost functions for electricity transmission
Rosellón, Juan; Vogelsang, Ingo; Weigt, Hannes - 2010
Electricity transmission has become the pivotal industry segment for electricity restructuring. Yet, little is known about the shape of transmission cost functions. Reasons for this can be a lack of consensus about the definition of transmission output and the complexitity of the relationship...
Persistent link: https://www.econbiz.de/10010285531
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A welfare analysis of the electricity transmission regulatory regime in Germany
Kemfert, Claudia; Kunz, Friedrich; Rosellón, Juan - 2015
We analyze the current regulatory regime for electricity transmission in Germany, which combines network planning with both cost-plus and revenue-cap regulations. After reviewing international experiences on transmission investment, we first make a qualitative assessment of the overall German...
Persistent link: https://www.econbiz.de/10011294803
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A simple regulatory incentive mechanism applied to electricity transmission pricing and investment
Hesamzadeh, Mohammad Reza; Rosellón, Juan; Gabriel, … - 2017
The informationally simple approach to incentive regulation applies mechanisms that translate the regulator's objective …
Persistent link: https://www.econbiz.de/10011749974
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Transmission investment in the Peruvian electricity market: Theory and applications
Ruiz, Erix; Rosellón, Juan - 2011
This research presents an application of the Hogan, Rosellón and Vogelsang (2010) (HRV) mechanism to promote electricity transmission network expansion in the Peruvian electricity transmission system known as SEIN (Sistema Eléctrico Interconectado Nacional). The HRV mechanism combines the...
Persistent link: https://www.econbiz.de/10010283746
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Incentives for transmission investment in the PJM electricity market: FTRs or regulation (or both?)
Rosellón, Juan; Mysliková, Zdenka; Zenón, Eric - 2010
This paper presents an application of a mechanism that provides incentives to promote transmission network expansion in the area of the US electric system known as PJM. The applied mechanism combines the merchant and regulatory approaches to attract investment into transmission grids. It is...
Persistent link: https://www.econbiz.de/10010285524
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Toward a combined merchant-regulatory mechanism for electricity transmission expansion
Hogan, William; Rosellón, Juan; Vogelsang, Ingo - 2010
more specific but still general incentive regulation literature. An exception has been Vogelsang (2001), who postulated … the incentive-regulation hypothesis (regulatory approach). An independent system operator (ISO) could handle the actual … dispatch and operational pricing. The transmission firm is regulated through benchmark or price regulation to provide long …
Persistent link: https://www.econbiz.de/10010285530
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Merchant electricity transmission expansion: A European case study
Kristiansen, Tarjei; Rosellón, Juan - 2010
We apply a merchant transmission model to the trilateral market coupling (TLC) arrangement among the Netherlands, Belgium and France as a generic example, and note that it can be applied to any general market splitting or coupling of Europe's different national power markets. In this merchant...
Persistent link: https://www.econbiz.de/10010285532
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Regulated expansion of electricity transmission networks: The effects of fluctuating demand and wind generation
Schill, Wolf-Peter; Rosellón, Juan; Egerer, Jonas - 2011
analyses, which were based on simplifying assumptions. We show that a combined merchant-regulatory regulation, which draws on a …
Persistent link: https://www.econbiz.de/10010278910